Cost of Living in Glen ellyn, IL

Housing

The housing market plays a significant role in determining the cost of living in Glen ellyn, IL.

• Housing Index: 110.0 / 100
• Median Home Price is: $395000
• Average Rent (2 BR Apartment): $1900 per month
• Average Rent (2 BR House): $1925 per month

Considering a move to Glen ellyn, IL? The housing index here stands at 110.0, indicating an above-average market. With a median home price of 395000, purchasing property may require a notable investment. Renting options are also steep, as the average for a 2-bedroom apartment is 1900 and for a house, it's only slightly higher at 1925. It’s recommended to assess your budget against these costs, as well as explore potential employment opportunities and local amenities that could influence your overall living satisfaction and financial logistics in this vibrant city.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Glen ellyn, IL.

• Electricity Price: 16.15 USD (median by state)
• Natural Gas Price: $16.59 USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $250 per month

Living in Glen ellyn, IL could entail higher utility costs. Electricity costs sit at 16.15, while natural gas is priced at 16.59 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 105.3

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $128132

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Glen ellyn, IL, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.